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Showing 11 - 20 of 19027 results for "Act"

Retirement confidence lags as investors turn to AI

VINNY VUCAGO  |  WEDNESDAY, 23 SEP 2026
Retirement has emerged as a central concern for investors globally, but a lack of confidence and financial literacy is keeping many savers on the sidelines, according to Amundi's latest global investor study. The third edition of Amundi's Decoding ...

Pacific AM to land SMA solutions Down Under, appoints investment chief

MATTHEW WAI  |  WEDNESDAY, 23 SEP 2026
Pacific Portfolio Solutions (PPS), the related body corporate of Pacific Asset Management (PAM), will bring the latter's separately managed account (SMA) solutions to Australia from the UK, welcoming an industry stalwart to chart the course. Both ...

ASIC halts Remara's private credit products for TMD deficiencies

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2026
... identifies concerns that products may be reaching retail investors they were not designed for, we will use our regulatory tools to act swiftly to intervene early, disrupt poor practices and protect investors from potential harm," she said. ASIC's surveillance ...

Intergenerational Report looks to AI to buoy productivity slump

KARREN VERGARA  |  TUESDAY, 22 SEP 2026
Australia's economy will continue to stagnate over the next 40 years, growing at just 2% annually, according to the latest Intergenerational Report (IGR), which points to the artificial intelligence (AI) revolution to buoy sagging productivity. Treasury ...

'Beyond warnings': ASIC to come down heavy on private credit

RIDDHIMA TALWANI  |  TUESDAY, 22 SEP 2026
... superannuation trustees to not accept private credit managers at face value. "Trustees have clear statutory obligations to act in their members' best financial interests. Fulfilling that duty requires genuine, look-through due diligence," she said. ...

Australia's alpha female representation regresses: Report

KARREN VERGARA  |  MONDAY, 21 SEP 2026
Representation of females in Australia's funds management industry has regressed over the last five years, while progress on gender diversity on a global scale has also gone backwards. Citywire's 2026 Alpha Female Report counted Australia as having ...

Magellan shuts down Vinva global equity retail funds

KARREN VERGARA  |  MONDAY, 21 SEP 2026
Magellan Asset Management is shuttering two Vinva global equity funds, active systematic retail strategies, two years after they were brought to market. Reaching $165.3 million in assets under management at the end of August, Magellan, as responsible ...

Dexus chief financial officer steps down

RIDDHIMA TALWANI  |  MONDAY, 21 SEP 2026
Dexus chief financial officer Keir Barnes will move to the ASX, ending a seven-year stint with the real estate investment manager. Barnes will step into the role at ASX following the announcement earlier this year of current chief financial officer ...

Netwealth faces potential class action over First Guardian failure

RIDDHIMA TALWANI  |  MONDAY, 21 SEP 2026
... Federal Court recently confirmed Netwealth Superannuation Services and Netwealth Investments contravened the Corporations Act in relation to the First Guardian Master Fund. APRA has been working to uplift platform trustees' investment governance ...

ASIC secures court orders against questionable investment scheme

MATTHEW WAI  |  MONDAY, 21 SEP 2026
... 2025. Following the application, the court found there were "reasonable grounds" to suspect contraventions of the Corporations Act and ASIC Act, making orders on 15 September 2026 to protect the investors' funds in the scheme. The court also made orders ...